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Analyst: ETH May Face a New Round of Selling Pressure, Trading Under $1,700

Rising exchange supply, insufficient new participation, and declining futures activity have led Ethereum analysts to anticipate a fresh wave of selling pressure pushing ETH below $1,700. Crypto analyst Pelin Ay noted that approximately 57,700 ETH net flowed into Binance over the past few days—a large inflow into exchanges often signals potential selling.

Chainlink Quarterly Unlock of 21 Million LINK Worth $166 Million

Odaily reports, according to on-chain analyst Yu Jin's monitoring, Chainlink's quarterly unlock occurred 3 hours ago, with 21 million LINK unlocked and transferred out from four Chainlink non-circulating supply addresses, worth $166 million. Among them, 18.375 million LINK, worth $145 million, were transferred to Binance, while 2.625 million LINK, worth $20.8 million, were transferred to the 0xD50...8Af multi-signature address. Each quarter, Chainlink's non-circulating supply addresses unlock approximately 10 million to 20 million LINK, with the majority transferred to Binance and a smaller portion to the 0xD50...8Af address. The LINK transferred to this address partially enters the LINK staking reward distribution contract, used to distribute rewards to LINK stakers.

A whale liquidated their position after holding for 7 months, transferring 1,105 BTC to Binance and incurring a loss of $26.9 million

According to on-chain analyst EmberCN, a whale has today liquidated its position of 1,105 BTC, held for 7 months, valued at $69.43 million, incurring a loss of $26.9 million. Between November last year and February this year, the whale had withdrawn these BTC from Binance and OKX at an average price of $87,181. Today, the whale transferred all these BTC back to Binance, realizing a loss of $26.9 million.

F2Pool co-founder Wang Chun's associated addresses withdrew 7,650 ETH and 124.18 WBTC from Binance in the past 4 hours

according to on-chain analyst Ai Yi's monitoring, an address (0xF42…f2b51) associated with F2Pool co-founder Wang Chun appears to be building a position in ETH and WBTC. In the past 4 hours, this address withdrew 7,650 ETH and 124.18 WBTC from Binance, with a total value of $20.666 million, and has now deposited them into Spark.

A new wallet, allegedly linked to the Bhutanese government, withdrew 533 BTC from Binance, worth approximately $33.4 million.

According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet withdrew 533 BTC from Binance, valued at approximately $33.4 million. The analyst noted that this address may be linked to the government of Bhutan, citing a match with a deposit record made two days ago; however, this attribution remains unverified.

Humanity attacker bridged 130 ETH from Ethereum to BNB Chain, worth approximately $220,600.

According to on-chain analyst PeckShield (@PeckShieldAlert), the Humanity attacker’s address has bridged 130 ETH (approximately $220,600) from Ethereum to BNB Chain (381 BNB).

Analyst: Binance’s Bitcoin funding rate is significantly bearish, highlighting a divergence between retail investors buying the dip and whales selling.

CryptoQuant analyst Crazzyblockk stated that the data shows Binance’s Bitcoin perpetual contract funding rate is approximately 370 basis points lower than the median across three exchanges, placing it in the bottom ~2.8% since 2021—indicating significantly stronger bearish pricing on Binance.

A total loss of $16.06 million: A whale deposited 308,100 SOL into Kraken and Bybit

according to Onchain Lens monitoring, a whale deposited 308,100 SOL, worth $21.22 million, into Kraken and Bybit, incurring a loss of $16.06 million. The whale initially withdrew this batch of SOL from Binance at a value of $37.28 million.

Bitget Wallet Opens Full-Token Payment Capability, Enabling Real-World Spending with Any Token

Bitget Wallet has officially launched full-token payment capabilities, allowing users to use thousands of cryptocurrencies beyond just USDT/USDC for card top-ups and QR code payments, eliminating the need for manual swaps or cross-chain transfers. This feature is now available in over 50 countries and regions across Asia-Pacific, Europe, Latin America, and select emerging markets.The initial range of supported tokens includes mainstream assets such as USDT, USDC, ETH, SOL, BNB, BGB, and POL; ecosystem and community tokens like SHIB; as well as regional stablecoins like BRZ (Brazilian Real-backed stablecoin) and XSGD (Singapore Dollar-backed stablecoin). This capability is powered by Onchain Payments Matrix and currently supports over 10 public chains, including Polygon, BNB Chain, Ethereum, and Base, with continuous expansion of supported tokens and networks underway.Through this move, Bitget Wallet aims to integrate on-chain assets into users' everyday consumption and payment scenarios, further enhancing the practical utility of cryptocurrencies and ensuring users can spend any token for real-world purchases.

B.AI Launches MiniMax-M3: 7-Day Free Trial

MiniMax’s M3, which has topped the Artificial Analysis open-source leaderboard, is now offering a 7-day free trial on B.AI. This open-source model combines native multimodal capabilities, million-token context length, and state-of-the-art coding and reasoning abilities—and is now freely available to all users. Web users can log in to chat.b.ai to immediately start conversing with the model; developers can create an API key via the API dashboard to access it programmatically. Exclusive perks are also live: new users who log in to B.AI using Binance Wallet or Bitget Wallet receive 1 million free Credits; top-ups earn bonus points (1:1 for BNB Chain, 1:0.5 for other chains), with up to $100 in additional rewards per user. As a one-stop platform aggregating world-leading AI models, B.AI is the first to deliver zero-barrier access to MiniMax M3—effortlessly handling complex codebase analysis, multimodal content generation, and ultra-long document processing, making cutting-edge open-source AI truly accessible to everyone.

A whale deposited 43,235 ETH worth $74.68 million into Binance

Odaily, Onchain Lens reports that a whale deposited 43,235 ETH, worth $74.68 million, into Binance. This whale also holds 43,562 staked ETH, valued at $75.41 million.

A whale that held for nearly three months has apparently liquidated, depositing 5,972 ETH to Binance, with an estimated loss of $1.287 million

Odaily News According to on-chain analyst Ai Yi's monitoring, ETH fell again after Powell's hawkish opening remarks. A whale deposited 5,972 ETH worth $10.59 million to Binance 9 hours ago. This whale built the position at a price of $1,989 between March 27 and March 28. After holding for nearly three months, the whale has apparently liquidated, depositing at a price of $1,774.24, with an estimated loss of $1.287 million.

A ZRO team or investor transferred 3.51 million ZRO tokens to Binance, valued at approximately $3.96 million.

According to on-chain analyst Ember (@EmberCN), a team or investor address that received token allocations during ZRO’s launch two years ago transferred 3.51 million unlocked ZRO tokens to Binance within the past day, valued at approximately $3.96 million.

The Royal Government of Bhutan address transferred 533.2 BTC to Binance

Odaily Odaily News According to on-chain analyst EmberCN's monitoring, 15 minutes ago, the Royal Government of Bhutan address transferred 533.2 BTC ($34.52 million) to Binance. Since June last year, they have sold approximately 10,451 BTC for $979 million over the course of one year, at an average price of $93,738. They still hold about 1,750 BTC ($113 million).

B.AI will open MiniMax M3 for free trial at 3:00 PM tomorrow, limited-time only.

The B.AI platform will offer limited-time free access to the MiniMax M3 model starting at 15:00 SGT on June 18. This model ranks #1 on the Artificial Analysis open-source leaderboard and features native multimodal capabilities alongside a million-token context window, enabling efficient processing of long documents, complex codebases, and video content. During the campaign, new users who log in to B.AI via Binance Wallet or Bitget Wallet will receive 1 million free Credits. Additional top-ups qualify for bonus points: deposits made via BNB Chain receive a 1:1 matching bonus, while other deposit methods receive a 1:0.5 matching bonus—up to $100 worth of bonus points per user. The countdown has begun—stay tuned!

Whale geministar.eth has withdrawn over 32,000 ETH from Binance in the past 3 days and staked them.

Odaily reports, according to Onchain Lens monitoring, the whale geministar.eth has withdrawn 11,100 ETH from Binance, worth $19.94 million. Over the past 3 days, this whale has withdrawn a total of 32,300 ETH from Binance, worth $57 million, and used the funds for staking.

A whale shorted 44,000 ETH worth $78.89 million, currently facing an unrealized loss of $3.08 million

according to on-chain analyst Ember's monitoring, a whale who recently shorted ETH has continued to short an additional 9,000 ETH after ETH's rebound. The whale borrowed 9,000 ETH from Aave, transferred them to Binance, and then withdrew 16.37 million USDT. The whale is currently shorting 44,000 ETH, worth $78.89 million, at an average short price of $1,702, with an unrealized loss of $3.08 million.

Arthur Hayes-associated address withdraws another 47,000 HYPE from Binance, valued at $3.16 million

an address (0xf7A4...07494) sharing the same Bybit deposit address as BitMEX co-founder Arthur Hayes withdrew another 47,000 HYPE, valued at $3.16 million, from Binance one hour ago. This address previously attracted attention due to suspected HYPE purchases. BitMEX co-founder Arthur Hayes clarified a week ago that he had not made any purchases.

whale geministar.eth has bought 21,100 ETH from Binance, worth $37.05 million

According to Lookonchain monitoring, whale geministar.eth (0x49C...F1f2) bought 21,136 ETH from Binance today, worth $37.05 million.

SIREN whale dumps 680 million tokens in 2 days, cashing out 64.8 million USDT as SIREN price plunges 96%

according to on-chain analyst Yu Jin's monitoring, over the past 2 days, 680 million SIREN (94% of the total supply) have been “splintered into smaller pieces” by the SIREN whale. This sell-off caused SIREN's price to drop from $1.3 to $0.05, a decline of 96%, netting approximately 64.8 million USDT.In terms of capital flow, approximately 200 million SIREN flowed into centralized exchanges (CEX) such as Binance, Gate, and KuCoin. The majority of the remaining tokens, after the price was driven below $0.1, were bought on-chain by hundreds of addresses, with each address purchasing an average of several hundred thousand SIREN (ranging from thousands to tens of thousands of US dollars in value).The SIREN whale address currently holds approximately 39.1 million USDT on-chain.